FX risks from non-dollar stablecoines overstated: Coinbase exec

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The Korea Herald Corea del Nord 1h

FX risks from non-dollar stablecoines overstated: Coinbase exec

Won stablecoins seen as domestic payments tool, not challenger to dollar tokens, says Coinbase Singapore head Hassan Ahmed, Coinbase's Singapore country director at Coinbase (Coinbase) Won-backed stablecoins are unlikely to challenge dollar-denominated tokens in cross-border settlement and should f»»»

koreaherald.com
TheStraitsTimes Singapore 31.01. 21:09

Lured by a deepfake video, retiree lost over $4,000 in an investment scheme

It looked like a rare opportunity to make money. A Singapore minister, speaking to the camera, was shown endorsing a cryptocurrency investment scheme promising high returns. So Mr Victor, 75, thought it carried a stamp of credibility. He wanted to stretch his retirement funds. The video was a deepf»»»

straitstimes.com
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